NASDAQ:MRVL

Marvell Technology Group Stock Forecast, Price & News

$47.91
-0.87 (-1.78 %)
(As of 04/16/2021 04:00 PM ET)
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Today's Range
$47.41
Now: $47.91
$48.88
50-Day Range
$40.06
MA: $47.15
$51.07
52-Week Range
$24.86
Now: $47.91
$55.70
Volume12.94 million shs
Average Volume10.87 million shs
Market Capitalization$32.37 billion
P/E Ratio21.98
Dividend Yield0.50%
Beta1.17
Marvell Technology Group Ltd., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; application specific integrated circuits; and printer SoC products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology Group Ltd. was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
Marvell Technology Group logo

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
Current SymbolNASDAQ:MRVL
CUSIPG5876H10
Phone441-296-6395
Employees5,286
Year Founded1995

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.70 billion
Cash Flow$1.15 per share
Book Value$13.09 per share

Profitability

Net Income$1.58 billion

Miscellaneous

Market Cap$32.37 billion
Next Earnings Date5/27/2021 (Estimated)
OptionableOptionable

Headlines

2 Top 5G Stocks I'd Buy Right Now
April 9, 2021 |  finance.yahoo.com
Top 10 Lessons of the Archegos Collapse
April 6, 2021 |  finance.yahoo.com
Is MRVL Stock A Buy or Sell?
March 29, 2021 |  finance.yahoo.com
3 Top Stocks From the Prospering Semiconductor Industry
March 26, 2021 |  finance.yahoo.com
Futures mixed as tech shares dip, treasury yields jump
March 8, 2021 |  finance.yahoo.com
These 2 Growth Stocks Are Great Bargains Right Now
March 7, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.10 out of 5 stars

Computer And Technology Sector

45th out of 1,551 stocks

Semiconductors & Related Devices Industry

11th out of 147 stocks

Analyst Opinion: 1.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
$47.91
-0.87 (-1.78 %)
(As of 04/16/2021 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Marvell Technology Group (NASDAQ:MRVL) Frequently Asked Questions

Is Marvell Technology Group a buy right now?

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology Group in the last year. There are currently 4 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Marvell Technology Group stock.
View analyst ratings for Marvell Technology Group
or view top-rated stocks.

What stocks does MarketBeat like better than Marvell Technology Group?

Wall Street analysts have given Marvell Technology Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Marvell Technology Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Marvell Technology Group's next earnings date?

Marvell Technology Group is scheduled to release its next quarterly earnings announcement on Thursday, May 27th 2021.
View our earnings forecast for Marvell Technology Group
.

How were Marvell Technology Group's earnings last quarter?

Marvell Technology Group Ltd. (NASDAQ:MRVL) issued its quarterly earnings data on Tuesday, March, 2nd. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.29. The semiconductor company earned $797.82 million during the quarter, compared to the consensus estimate of $786.30 million. Marvell Technology Group had a trailing twelve-month return on equity of 3.76% and a net margin of 51.19%. The business's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.17 earnings per share.
View Marvell Technology Group's earnings history
.

How has Marvell Technology Group's stock been impacted by Coronavirus?

Marvell Technology Group's stock was trading at $22.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MRVL stock has increased by 117.7% and is now trading at $47.91.
View which stocks have been most impacted by COVID-19
.

How often does Marvell Technology Group pay dividends? What is the dividend yield for Marvell Technology Group?

Marvell Technology Group declared a quarterly dividend on Friday, March 5th. Investors of record on Friday, April 9th will be given a dividend of $0.06 per share on Wednesday, April 28th. This represents a $0.24 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Thursday, April 8th.
View Marvell Technology Group's dividend history
.

Is Marvell Technology Group a good dividend stock?

Marvell Technology Group pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.50%. Marvell Technology Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Marvell Technology Group is 75.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marvell Technology Group will have a dividend payout ratio of 24.00% next year. This indicates that Marvell Technology Group will be able to sustain or increase its dividend.
View Marvell Technology Group's dividend history.

What guidance has Marvell Technology Group issued on next quarter's earnings?

Marvell Technology Group issued an update on its first quarter earnings guidance on Wednesday, March, 3rd. The company provided earnings per share (EPS) guidance of $0.23-0.31 for the period, compared to the Thomson Reuters consensus estimate of $0.27. The company issued revenue guidance of $760-840 million, compared to the consensus revenue estimate of $786.32 million.

What price target have analysts set for MRVL?

26 analysts have issued 12-month price targets for Marvell Technology Group's shares. Their forecasts range from $35.00 to $60.00. On average, they expect Marvell Technology Group's share price to reach $49.96 in the next year. This suggests a possible upside of 4.3% from the stock's current price.
View analysts' price targets for Marvell Technology Group
or view top-rated stocks among Wall Street analysts.

Who are Marvell Technology Group's key executives?

Marvell Technology Group's management team includes the following people:
  • Mr. Matthew J. Murphy, Pres, CEO & Director (Age 48, Pay $1.61M) (LinkedIn Profile)
  • Ms. Jean Hu, Chief Financial Officer (Age 58, Pay $746.16k) (LinkedIn Profile)
  • Mr. Mitchell Lee Gaynor, Exec. VP, Chief Admin. & Legal Officer and Sec. (Age 61, Pay $701.33k) (LinkedIn Profile)
  • Mr. Daniel Christman, Exec. VP of Storage Bus. Group (Age 49, Pay $670.79k) (LinkedIn Profile)
  • Mr. Syed B. Ali, Advisor (Age 62, Pay $24.07k)
  • Mr. Raghib Hussain, Exec. VP of Networking & Processor Group and Chief Strategy Officer (Age 49, Pay $858.02k) (LinkedIn Profile)
  • Dr. Sehat Sutardja, Co-Founder (Age 59)
  • Ms. Weili Dai, Co-Founder (Age 59)
  • Mr. Christopher Koopmans, Chief Operations Officer (Age 44) (LinkedIn Profile)
  • Mr. Willem A. Meintjes, Chief Accounting Officer (Age 41) (LinkedIn Profile)

What is Matt Murphy's approval rating as Marvell Technology Group's CEO?

247 employees have rated Marvell Technology Group CEO Matt Murphy on Glassdoor.com. Matt Murphy has an approval rating of 89% among Marvell Technology Group's employees.

Who are some of Marvell Technology Group's key competitors?

What other stocks do shareholders of Marvell Technology Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marvell Technology Group investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), Intel (INTC), salesforce.com (CRM), The Walt Disney (DIS), Cisco Systems (CSCO) and Square (SQ).

What is Marvell Technology Group's stock symbol?

Marvell Technology Group trades on the NASDAQ under the ticker symbol "MRVL."

Who are Marvell Technology Group's major shareholders?

Marvell Technology Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Calamos Advisors LLC (0.08%), Wedge Capital Management L L P NC (0.06%), Scout Investments Inc. (0.04%), Royal London Asset Management Ltd. (0.04%), State of Alaska Department of Revenue (0.02%) and DnB Asset Management AS (0.01%). Company insiders that own Marvell Technology Group stock include Andrew Micallef, Dan Christman, Dean E Jr Jarnac, Edward H Frank, Jean X Hu, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Oleg Khaykin, Richard Hill and Willem A Meintjes.
View institutional ownership trends for Marvell Technology Group
.

Which major investors are selling Marvell Technology Group stock?

MRVL stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Scout Investments Inc., Calamos Advisors LLC, State of Alaska Department of Revenue, Calamos Wealth Management LLC, NEXT Financial Group Inc, Pacer Advisors Inc., and Thompson Investment Management Inc.. Company insiders that have sold Marvell Technology Group company stock in the last year include Andrew Micallef, Dean E Jr Jarnac, Jean X Hu, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, and Richard Hill.
View insider buying and selling activity for Marvell Technology Group
or view top insider-selling stocks.

Which major investors are buying Marvell Technology Group stock?

MRVL stock was purchased by a variety of institutional investors in the last quarter, including Wolff Wiese Magana LLC, G&S Capital LLC, DnB Asset Management AS, Gilbert & Cook Inc., Louisiana State Employees Retirement System, Royal London Asset Management Ltd., Valeo Financial Advisors LLC, and Stephenson National Bank & Trust.
View insider buying and selling activity for Marvell Technology Group
or or view top insider-buying stocks.

How do I buy shares of Marvell Technology Group?

Shares of MRVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Marvell Technology Group's stock price today?

One share of MRVL stock can currently be purchased for approximately $47.91.

How much money does Marvell Technology Group make?

Marvell Technology Group has a market capitalization of $32.37 billion and generates $2.70 billion in revenue each year. The semiconductor company earns $1.58 billion in net income (profit) each year or $0.32 on an earnings per share basis.

How many employees does Marvell Technology Group have?

Marvell Technology Group employs 5,286 workers across the globe.

Does Marvell Technology Group have any subsidiaries?

The following companies are subsidiares of Marvell Technology Group: Aquantia, Aquantia (Cayman) Ltd., Aquantia B.V., Aquantia C.V., Aquantia Corp., Aquantia Czech s.r.o , Aquantia Japan G.K., Aquantia LLC, Aquantia Rus LLC, Aquantia Semiconductor India Pvt Ltd, Aquantia Technology B.V., Avago - Printer ASICs, Avera, Avera Semiconductor LLC, Cavium, Cavium India Holdings LLC, Cavium International, Cavium LLC, Cavium Networks (India) Private Limited, Cavium Networks Asia, Cavium Networks International, Cavium Networks International Inc., Cavium Networks LLC, Cavium Networks Singapore Pte. Ltd., Cavium Semiconductor Technology (Shanghai) Co. Ltd., Cavium Taiwan Ltd., Cavium UK Ltd., Diseño de Sistemas en Silicio, Galileo Technology, Iamba Networks, Inphi, Kinoma Inc., Marvell Asia Pte Ltd, Marvell Hong Kong Limited, Marvell India Private Limited, Marvell International Ltd., Marvell International Technology Ltd., Marvell Israel (M.I.S.L) Ltd., Marvell Italia S.r.l., Marvell Japan K.K., Marvell Netherlands B.V., Marvell Semiconductor Canada Inc., Marvell Semiconductor Germany GmbH, Marvell Semiconductor Inc., Marvell Semiconductor Korea Ltd., Marvell Semiconductor Ltd., Marvell Semiconductor Sdn. Bhd., Marvell Semiconductor Technology S.a.r.l., Marvell Software Solutions Israel, Marvell Switzerland S.a.r.l., Marvell Taiwan Ltd., Marvell Technology (Beijing) Ltd., Marvell Technology (Chengdu) Ltd., Marvell Technology (Nanjing) Ltd., Marvell Technology (Shanghai) Ltd., Marvell Technology Denmark ApS, Marvell Technology Inc., Marvell Technology Japan Y.K., Marvell Technology Sweden AB, Marvell Technology Vietnam LLC, Marvell UK Limited, Marvell World Trade Ltd., NetXen Inc., PT. Marvell Technology Indonesia, PicoMobile Networks, QLGC Limited (Ireland), QLogic Hong Kong Ltd., QLogic India Pvt. Ltd., QLogic International Holdings Inc., QLogic International Ltd., QLogic LLC, QLogic Storage Network Infrastructure (Beijing) Co. Ltd., QLogic Switch Products LLC, SysKonnect, Utopia Capital Holdings Ltd., and Xelerated.

When was Marvell Technology Group founded?

Marvell Technology Group was founded in 1995.

What is Marvell Technology Group's official website?

The official website for Marvell Technology Group is www.marvell.com.

Where are Marvell Technology Group's headquarters?

Marvell Technology Group is headquartered at 22 VICTORIA STREET, HAMILTON D0, HM 12.

How can I contact Marvell Technology Group?

Marvell Technology Group's mailing address is 22 VICTORIA STREET, HAMILTON D0, HM 12. The semiconductor company can be reached via phone at 441-296-6395 or via email at [email protected]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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